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MYR GROUP INC.（MYRG）与SCANSOURCE, INC.（SCSC）财务数据对比。点击上方公司名可切换其他公司
MYR GROUP INC.的季度营收约是SCANSOURCE, INC.的1.3倍（$973.5M vs $766.5M），MYR GROUP INC.净利率更高（3.8% vs 2.2%，领先1.6%），MYR GROUP INC.同比增速更快（17.3% vs 2.5%），MYR GROUP INC.自由现金流更多（$84.9M vs $28.9M），过去两年MYR GROUP INC.的营收复合增速更高（9.3% vs 0.9%）
MYR集团是美国知名电气建设服务提供商，业务覆盖输配电线路、变电站、工商业建筑及可再生能源领域的电气施工，旗下拥有12家电气建设子公司，在北美电力基建赛道拥有深厚的技术积累与项目交付能力。
ScanSource是全球领先的专业技术分销商，主营销售点系统、条码扫描设备、网络安全产品、云服务及通信解决方案，面向北美、拉美、欧洲的增值经销商、服务提供商及企业客户，覆盖零售、医疗、工业、公共部门等领域。
MYRG vs SCSC — 直观对比
营收规模更大
MYRG
是对方的1.3倍
$766.5M
营收增速更快
MYRG
高出14.8%
2.5%
净利率更高
MYRG
高出1.6%
2.2%
自由现金流更多
MYRG
多$56.1M
$28.9M
两年增速更快
MYRG
近两年复合增速
0.9%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $973.5M | $766.5M |
| 净利润 | $36.5M | $16.5M |
| 毛利率 | 11.4% | 13.4% |
| 营业利润率 | 4.8% | 2.3% |
| 净利率 | 3.8% | 2.2% |
| 营收同比 | 17.3% | 2.5% |
| 净利润同比 | 129.1% | -3.3% |
| 每股收益（稀释后） | $2.33 | $0.75 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收MYRGSCSC
| Q4 25 | $973.5M | $766.5M | ||
| Q3 25 | $950.4M | $739.6M | ||
| Q2 25 | $900.3M | $812.9M | ||
| Q1 25 | $833.6M | $704.8M | ||
| Q4 24 | $829.8M | $747.5M | ||
| Q3 24 | $888.0M | $775.6M | ||
| Q2 24 | $828.9M | $746.1M | ||
| Q1 24 | $815.6M | $752.6M |
净利润MYRGSCSC
| Q4 25 | $36.5M | $16.5M | ||
| Q3 25 | $32.1M | $19.9M | ||
| Q2 25 | $26.5M | $20.1M | ||
| Q1 25 | $23.3M | $17.4M | ||
| Q4 24 | $16.0M | $17.1M | ||
| Q3 24 | $10.6M | $17.0M | ||
| Q2 24 | $-15.3M | $16.1M | ||
| Q1 24 | $18.9M | $12.8M |
毛利率MYRGSCSC
| Q4 25 | 11.4% | 13.4% | ||
| Q3 25 | 11.8% | 14.5% | ||
| Q2 25 | 11.5% | 12.9% | ||
| Q1 25 | 11.6% | 14.2% | ||
| Q4 24 | 10.4% | 13.6% | ||
| Q3 24 | 8.7% | 13.1% | ||
| Q2 24 | 4.9% | 13.0% | ||
| Q1 24 | 10.6% | 12.6% |
营业利润率MYRGSCSC
| Q4 25 | 4.8% | 2.3% | ||
| Q3 25 | 4.9% | 3.5% | ||
| Q2 25 | 4.4% | 3.3% | ||
| Q1 25 | 4.1% | 3.2% | ||
| Q4 24 | 3.6% | 2.5% | ||
| Q3 24 | 2.3% | 2.3% | ||
| Q2 24 | -2.5% | 2.9% | ||
| Q1 24 | 3.0% | 2.3% |
净利率MYRGSCSC
| Q4 25 | 3.8% | 2.2% | ||
| Q3 25 | 3.4% | 2.7% | ||
| Q2 25 | 2.9% | 2.5% | ||
| Q1 25 | 2.8% | 2.5% | ||
| Q4 24 | 1.9% | 2.3% | ||
| Q3 24 | 1.2% | 2.2% | ||
| Q2 24 | -1.8% | 2.2% | ||
| Q1 24 | 2.3% | 1.7% |
每股收益（稀释后）MYRGSCSC
| Q4 25 | $2.33 | $0.75 | ||
| Q3 25 | $2.05 | $0.89 | ||
| Q2 25 | $1.70 | $0.87 | ||
| Q1 25 | $1.45 | $0.74 | ||
| Q4 24 | $0.97 | $0.70 | ||
| Q3 24 | $0.65 | $0.69 | ||
| Q2 24 | $-0.91 | $0.66 | ||
| Q1 24 | $1.12 | $0.50 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $150.2M | $83.5M |
| 总债务越低越好 | $59.0M | — |
| 股东权益账面价值 | $660.4M | $910.9M |
| 总资产 | $1.6B | $1.7B |
| 负债/权益比越低杠杆越低 | 0.09× | — |
8季度趋势，按日历期对齐
现金及短期投资MYRGSCSC
| Q4 25 | $150.2M | $83.5M | ||
| Q3 25 | $76.2M | $124.9M | ||
| Q2 25 | $23.0M | $126.2M | ||
| Q1 25 | $10.9M | $146.3M | ||
| Q4 24 | $3.5M | $110.5M | ||
| Q3 24 | $7.6M | $145.0M | ||
| Q2 24 | $1.9M | $185.5M | ||
| Q1 24 | $3.9M | $159.1M |
总债务MYRGSCSC
| Q4 25 | $59.0M | — | ||
| Q3 25 | $72.0M | — | ||
| Q2 25 | $86.1M | — | ||
| Q1 25 | $87.2M | — | ||
| Q4 24 | $74.4M | — | ||
| Q3 24 | $93.2M | — | ||
| Q2 24 | $45.1M | — | ||
| Q1 24 | $37.9M | — |
股东权益MYRGSCSC
| Q4 25 | $660.4M | $910.9M | ||
| Q3 25 | $617.6M | $914.0M | ||
| Q2 25 | $583.2M | $906.4M | ||
| Q1 25 | $548.7M | $901.7M | ||
| Q4 24 | $600.4M | $900.7M | ||
| Q3 24 | $588.5M | $920.9M | ||
| Q2 24 | $633.3M | $924.3M | ||
| Q1 24 | $663.7M | $944.1M |
总资产MYRGSCSC
| Q4 25 | $1.6B | $1.7B | ||
| Q3 25 | $1.6B | $1.7B | ||
| Q2 25 | $1.6B | $1.8B | ||
| Q1 25 | $1.5B | $1.7B | ||
| Q4 24 | $1.6B | $1.7B | ||
| Q3 24 | $1.6B | $1.8B | ||
| Q2 24 | $1.6B | $1.8B | ||
| Q1 24 | $1.6B | $1.8B |
负债/权益比MYRGSCSC
| Q4 25 | 0.09× | — | ||
| Q3 25 | 0.12× | — | ||
| Q2 25 | 0.15× | — | ||
| Q1 25 | 0.16× | — | ||
| Q4 24 | 0.12× | — | ||
| Q3 24 | 0.16× | — | ||
| Q2 24 | 0.07× | — | ||
| Q1 24 | 0.06× | — |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $114.8M | $30.8M |
| 自由现金流经营现金流 - 资本支出 | $84.9M | $28.9M |
| 自由现金流率自由现金流/营收 | 8.7% | 3.8% |
| 资本支出强度资本支出/营收 | 3.1% | 0.3% |
| 现金转化率经营现金流/净利润 | 3.14× | 1.87× |
| 过去12个月自由现金流最近4个季度 | $232.2M | — |
8季度趋势，按日历期对齐
经营现金流MYRGSCSC
| Q4 25 | $114.8M | $30.8M | ||
| Q3 25 | $95.6M | $23.2M | ||
| Q2 25 | $32.9M | — | ||
| Q1 25 | $83.3M | $66.1M | ||
| Q4 24 | $21.1M | $-6.2M | ||
| Q3 24 | $35.6M | $44.8M | ||
| Q2 24 | $22.7M | — | ||
| Q1 24 | $7.7M | $160.2M |
自由现金流MYRGSCSC
| Q4 25 | $84.9M | $28.9M | ||
| Q3 25 | $65.4M | $20.8M | ||
| Q2 25 | $11.6M | — | ||
| Q1 25 | $70.2M | $64.6M | ||
| Q4 24 | $8.8M | $-8.2M | ||
| Q3 24 | $18.0M | $42.5M | ||
| Q2 24 | $2.5M | — | ||
| Q1 24 | $-18.1M | $157.7M |
自由现金流率MYRGSCSC
| Q4 25 | 8.7% | 3.8% | ||
| Q3 25 | 6.9% | 2.8% | ||
| Q2 25 | 1.3% | — | ||
| Q1 25 | 8.4% | 9.2% | ||
| Q4 24 | 1.1% | -1.1% | ||
| Q3 24 | 2.0% | 5.5% | ||
| Q2 24 | 0.3% | — | ||
| Q1 24 | -2.2% | 21.0% |
资本支出强度MYRGSCSC
| Q4 25 | 3.1% | 0.3% | ||
| Q3 25 | 3.2% | 0.3% | ||
| Q2 25 | 2.4% | 0.3% | ||
| Q1 25 | 1.6% | 0.2% | ||
| Q4 24 | 1.5% | 0.3% | ||
| Q3 24 | 2.0% | 0.3% | ||
| Q2 24 | 2.4% | 0.2% | ||
| Q1 24 | 3.2% | 0.3% |
现金转化率MYRGSCSC
| Q4 25 | 3.14× | 1.87× | ||
| Q3 25 | 2.98× | 1.17× | ||
| Q2 25 | 1.24× | — | ||
| Q1 25 | 3.57× | 3.79× | ||
| Q4 24 | 1.32× | -0.36× | ||
| Q3 24 | 3.35× | 2.64× | ||
| Q2 24 | — | — | ||
| Q1 24 | 0.41× | 12.51× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
MYRG
| Market Type Electrical Construction | $442.6M | 45% |
| Market Type Transmission | $330.3M | 34% |
| Market Type Distribution | $200.6M | 21% |
SCSC
| Products And Services | $723.4M | 94% |
| Intelisys Advisory | $25.0M | 3% |
| Recurring Revenue | $18.2M | 2% |
